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Rite Aid Completes Acquisition of Leading Independent Pharmacy Benefit Manager (PBM) EnvisionRx

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CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) has completed its previously announced acquisition of Envision Pharmaceutical Services (“EnvisionRx”) from leading global private investment firm TPG and other shareholders in a transaction valued at approximately $2 billion, including approximately $1.8 billion in cash and approximately 27.9 million Rite Aid shares. “The completion of this acquisition is an important step in our strategy to expand Rite Aid’s retail healthcare platform and e

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